FDIC Certificate #: 16500 Status: Inactive Closing history: Corrections Acquiring institution:CNB Bank and Trust, N.A. (#3775) Federal Reserve ID: 391249 Date Established: October 25, 1946 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 9574 FDIC's unique #: 10660 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 25, 1946 Last Structure Change Effective Date: Febuary 13, 2009 Last Structure Change Process Date: Febuary 17, 2009 Last Data Update: Febuary 17, 2009 Data Source Date: April 05, 2012
Location
Address: 643 West Washington Street, Pittsfield, IL 62363 County: Pike Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Springfield Il Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $260.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2008)
Dollar figures in thousands
37Total employees (full-time equivalent)
$260,201Total assets
$5,630Cash and due from depository institutions
$74Interest-bearing balances
$33,753Securities
$21,330Federal funds sold & reverse repurchase agreements
$187,763Net loans & leases
$11,603Loan loss allowance
$0Trading account assets
$6,798Bank premises and fixed assets
$400Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,527All other assets
$260,200Total liabilities and capital
$251,372Total liabilities
$233,788Total deposits
$225,028Interest-bearing deposits
$233,788Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,500Other borrowed funds
$0Subordinated debt
$2,084All other liabilities
$8,828Total equity capital
$8,828Total bank equity capital
$8,828Perpetual preferred stock
$0Common stock
$50Surplus
$14,850Undivided profits
Memoranda
$-6,072Noncurrent loans and leases
$8,247Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9,945Earning assets
$0Long-term assets (5+ years)
$2,879Average Assets, year-to-date
$242,920Average Assets, quarterly
$32,518Volatile liabilities
$309,420Insider loans
$274,531FHLB advances
$125,581Loans and leases held for sale
$3,539Unused loan commitments
$15,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,247Total unused commitments
$4,778Restructured Loans and leases
$2,725Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$20,381Total interest income
$13,235Total interest expense
$7,146Net interest income
$20,930Provision for loan and lease losses
$234Total noninterest income
$57Fiduciary activities
$183Service charges on deposit accounts
$0Trading account gains & fees
-$6Additional noninterest income
$4,768Total noninterest expense
$2,011Salaries and employee benefits
$945Premises and equipment expense
$1,812Additional noninterest expense
-$18,318Pre-tax net operating income
$0Securities gains (losses)
-$50Applicable income taxes
-$18,268Income before extraordinary items
$0Extraordinary gains - net
-$18,268Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$14,211Sale, conversion, retirement of capital stock, net
$975Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.16%Yield on earning assets
4.65%Cost of funding earning assets
2.51%Net interest margin
0.08%Noninterest income to earning assets
1.67%Noninterest expense to earning assets
-5.90%Net operating income to assets
-5.90%Return on assets (ROA)
-5.92%Pretax return on assets
-91.34%Return on equity (ROE)
-96.22%Retained earnings to average equity (YTD only)
5.94%Net charge-offs to loans
147.28%Credit loss provision to net charge-offs
0.18%Efficiency ratio
64,607Assets per employee
7.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
-5.34%Loss allowance to loans
5.82%Loss allowance to noncurrent loans
116.67%Noncurrent assets plus other real estate owned to assets
3.98%Noncurrent loans to loans
4.99%Net loans and leases to deposits
80.31%Net loans and leases to core deposits
167.34%Equity capital to assets
3.39%Core capital (leverage) ratio
2.94%Tier 1 risk-based capital ratio
4.00%Total risk-based capital ratio
Memoranda
$5Average assets
$309,420Average earning assets
$19,999Average equity
$284,685Average loans
Total Fiduciary and Related Assets (December 31, 2008)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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